Based on the current chart of PEPE/USDT, here is a quick technical analysis:
---
Visible Data:
Current Price: 0.00001289 (Decrease -7.00%)
Lowest Price in 24 Hours = Current Price, meaning the coin is at a temporary bottom.
The price is now below the MA60 moving average = negative signal.
There is a very long red candle indicating clear selling pressure (as seen in the very high trading volume).
---
Technical Signals:
The current trend is clearly downward.
The daily loss percentage (4.07%) is relatively large.
The price has broken short-term support levels.
---
What to do now?
If you own the coin:
Do not sell now at a large loss, as the price has reached a support area and a temporary rebound may occur.
It is better to wait a little or sell a small portion of the quantity to reduce risk, if you are concerned about continued decline.
If you are thinking about buying:
Buying now is not recommended, wait for confirmation of a rebound or for a strong green candle to form.
It is better to wait for the price to stabilize above 0.00001330 again.
